MCOBTC
Monaco / Bitcoin (MCO - BTC) trading opportunityTriangle wave C is completed, wave D profit target is 0.0011 BTC, 40% profit from current levels.
On 4-hour chart MACD showing signs of a trend reversal, RSI starting to move up, CM Vix Fix justifying this point as a good time to buy.
I'm setting my sell orders at 0.001 & 0.00105 levels, very likely after this trade wave E is coming and then... BOOM! Exploding to new heights!
MCO Recracement Completed Now time to check TIMEMCO is valuable coin and they have two events at 24 December and 31 December just saying MCO.
MCO found support and reboundingMCO appears to have found support at 80k sat after the sell-off from the latest exchange news. If it continues on the current trajectory, I expect it to either complete the cup and approach the 127k sat level or hit resistance at 120k sat and continue trading within the large wedge until next week. Any thoughts or constructive criticism are welcome.
Take a look at MCO!MCO is bouncing off supports nicely, it might be time to buy soon before it breaks the resistance
MCO correction phaseThis is my first chart. I'm foolishly sitting on a big pile of it and trying not to hit the panic button. Basic 5 wave up with ABC correction.?
MCO: Opportunities Are Made.When you wake up early and get to the market before everyone else in your area. You present yourself more opportunities. Yes, the market is 24/7. But not many people have a set schedule of when they trade. Everything has to be a routine in this market. I see a great opportunity from this dip on MCO. Everytime price wedge up like that, expect a huge dip. Now I am waiting for a double bottom for a quick trade. What are your thoughts?
Trade with care.
MCO to higher highs?was bullish on MCO yesterday and now it appears it is breaking out.
i wonder what news will justufy this price rise??
MCO BreakoutPotential breakout occuring as we speak on MCO, I would buy near the resistance line and set a stop loss below that resistance line.
mco news feeded riseMCO gonna launch new credit card, and be added on 4 exchanges on dec 14th... good TA also
MCOBTC one-two punch!5 Asians exchanges announced and then began trading including korean-Bittrex UPbit. 5 new exchanges will be added this week according to Monaco card CEO.
We’re happy to announce that NEXT WEEK $MCO token will be listed on several Korean and Japanese exchanges. One-two punch! @monaco_card
BUY NOW 0.0010
TARGET 0.0015
MCOBTC (1h time frame)MCO might be coming for the 5th Elliot Wave, but it needs to break to confirm, using this uptrend support line.
MDI looking bullish and RSI isn't that high, also MACD might be crossing up if breakout is confirmed.
MCO BTC - Trade structure you might not want to missMCO BTC gave almost 150% in matter of 24 hours on 5 exchange listings and the launch of new debit card.
But, what goes up, always comes down!
On 1 hour chart, we see the following:
- Elliott wave formation
- ABC formation can take place
- previous support (green line)
Buy orders can be placed around 0.0009-0.00092 area with stop loss defined via red line on the chart. First target can simply be the (B) level mentioned on chart. If that is crossed, we are looking at 0.00160 again.
happy trading :)
MCO/USD: Nice Uptrend In Perspective! But How Soon Above $17.66?How soon will MCOUSD breakout from the resistance level currently @ $17.66?
We Are also observing the formation of a Double-Top Pattern in the short term. Which means the price is going down at the end of that particular pattern.
Let's hope it stays above the Red Dashed Line!
Only The Market Will Decide!
MCOBTC Monaco. Last Elliot Wave ?In my opinion, by looking at the graph of MCOBTC I see the end of Last Elliot Wave and it should end somewhere between 60-70k, the last resistance is 58 though. I will buy some for midterm and wait for x2 minimum, hope MCO will rock.
MCO trend reversal? After a long downtrend we can clearly see that trend is about to reverse and go bullish
MCO seeking to outlook the Sky$MCO is listing on multiple new exchanges in December.
Well, its been struggling over the past few months, maybe it is striving to jump before, to re-appear its popularity in the New-Year.
The Chart illustrate that, the price is on its deep-breath. (Red-line) compared back to August.
Bullish-term is about to appear, buy more while it still cheap.
MONACO - OVERBOUGHT RSI, FIBONACCI LEVELS.Monaco has recently shot up in price and is now is the overbought section of the RSI which could indicate that the market is expecting a reversal in price. We have set some nice support and resistance lines that both correlate with the Fibonacci levels, for instance, the primary support (1st) fits tightly in range with the 50% levels on the Fibonacci, you should expect a short-term decrease in price back to these levels were the prices are most likely to consolidate before another trend upwards.
Orange - Resistance.
Pink - Support.
As always trade the lines accordingly.
MCOBTC Bittrex. Target 260% profitIt looks like the asset has found a level of support. The price should be fixed above level 0.00100 to confirm the trend reversal
Purchases can be made directly on the market, the asset has a great growth prospect. Recommended position LONG
Monaco Buy OpportunityThe price diverges with RSI and MACD. It gives us a trend reversal signal. DMI is bearish but ADX line falls and it allows us to open long trades. Pending orders for buy can be placed at 0.000680 level with stop orders at 0.000615 level. Profit targets are 0.000800 and 0.001000 levels.
